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Shares of Brightcom Group hit the 5 per cent upper circuit at Rs 168.38 on the BSE in intraday trades on Monday backed by notable volumes. The stock was locked at the sixth straigth upper limit today, having gained 33 per cent during the period.
The stock has jumped nearly five-fold in just three months after Shankar Sharma, vice chairman & joint managing director at First Global acquired stake in the company via the perferrential route. The company had alloted 15 million warrants at Rs 37.77 per share converitble into equity shares on a preferentail basis to Shankar Sharma
The stock has jumped nearly five-fold in just three months after Shankar Sharma, vice chairman & joint managing director at First Global acquired stake in the company via the perferrential route. The company had alloted 15 million warrants at Rs 37.77 per share converitble into equity shares on a preferentail basis to Shankar Sharma
